Form 4 for PTC PTC Inc.
Accepted 2023-02-17 00:00:00 ET · period of report 2023-02-16 · accession 0001654954-23-001857 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-02-17 | 2023-02-16 | PTC | Moret Blake D. | Dir | S - Sale+OE | $132.24 | -8,000 | 7.60M | -0.1% | -$1.06M |
| D | 2023-02-17 | 2023-02-16 | PTC | Moret Blake D. | Dir | M - OptEx | $0.00 | +2,081 | 14.9K | +16% | $0 |
| D | 2023-02-17 | 2023-02-16 | PTC | Moret Blake D. | Dir | A - Grant | $0.00 | +1,901 | 1,901 | New | $0 |
| D | 2023-02-17 | 2023-02-16 | PTC | Moret Blake D. | Dir | M - OptEx | $0.00 | -2,081 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-16 | S | D | 4,555 | $132.67 | 7,590,644 | I By Rockwell Automation | — | — | (F1) Shares sold pursuant to a pre-established 10b5-1(c) trading plan adopted on December 8, 2022. (F3) This transaction was executed in multiple trades at prices ranging from $132.1099 to $133.0993. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. (F4) These securities are held indirectly by Rockwell Automation, Inc. ("Rockwell Automation"). Mr. Moret is the Chief Executive Officer and Chairman of the Board of Directors of Rockwell Automation and, in these capacities, may be deemed to share voting and dispositive power with respect to the securities held by Rockwell Automation. Mr. Moret disclaims beneficial ownership of the securities held by Rockwell Automation, and the inclusion of these securities in this report shall not be deemed an admission by Mr. Moret of beneficial ownership of the reported securities for any purpose. |
| 2 | Common | Common Stock | 2023-02-16 | M | A | 2,081 | $0.00 | 14,905 | D | — | — | |
| 3 | Common | Common Stock | 2023-02-16 | S | D | 3,445 | $131.66 | 7,595,199 | I By Rockwell Automation | — | — | (F1) Shares sold pursuant to a pre-established 10b5-1(c) trading plan adopted on December 8, 2022. (F2) This transaction was executed in multiple trades at prices ranging from $131.09 to $132.0665. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. (F4) These securities are held indirectly by Rockwell Automation, Inc. ("Rockwell Automation"). Mr. Moret is the Chief Executive Officer and Chairman of the Board of Directors of Rockwell Automation and, in these capacities, may be deemed to share voting and dispositive power with respect to the securities held by Rockwell Automation. Mr. Moret disclaims beneficial ownership of the securities held by Rockwell Automation, and the inclusion of these securities in this report shall not be deemed an admission by Mr. Moret of beneficial ownership of the reported securities for any purpose. |
| 4 | Derivative | Restricted Stock Units | 2023-02-16 | A | A | 1,901 | $0.00 | 1,901 | D | — · — to — | 1,901 Common Stock | (F8) This amount represents the total number of derivative securities beneficially owned of the class shown. (F5) Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. (F7) Time-based restricted stock units that vest on the earlier of the date of PTC's 2024 Annual Stockholder Meeting or March 15, 2024. |
| 5 | Derivative | Restricted Stock Units | 2023-02-16 | M | D | 2,081 | $0.00 | 0 | D | — · — to — | 2,081 Common Stock | (F8) This amount represents the total number of derivative securities beneficially owned of the class shown. (F5) Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock. (F6) Time-based restricted stock units that vested on February 16, 2023. |